BTC:
Bitcoin evening tracking, mentioned in the morning post that it would rise above 95000 during the day, and before the post was even completed, it had already risen above that.
Last night, the market also mentioned seeing 98000, possibly spiking around 100600.
Now, Bitcoin is rising as expected and the price is at the limit of 98000. Considering that there hasn’t been a spike yet, the selling pressure at this small level is not obvious, but it should be coming soon.
Between 96700-98000, there is high-level sideways consolidation, and after the adjustment, we will look for new highs.
Currently, it is evident that Bitcoin is waiting for Ethereum to lead the rally in the evening.
Now, altcoins are rotating and catching up, but many are showing the top structure of this rise, so overall timing still needs to wait a bit; the low point timing is hard to grasp here, and more will be added later.
If Ethereum can stabilize its price above 3250 in the near future, then we can look towards 4000.
In summary, we should still observe the price reaction around the 25th or near 98000. If there is any situation where a volume drop occurs and returns to 93100, then it is highly likely that a phase high point will be formed. Therefore, we do not observe the hourly price and time judgments in multiples, but rather the price reaction.